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FAIRFIELD COUNTY, Conn. – New construction in Fairfield County providing spacious houses for wealthy buyers is making a comeback after a quiet market due to the recession, reports the
New York Times
.

According to the report, there is a high demand around the county for properties to tear down to make way for new construction -- which is directly in competition with buyers looking for older homes. the Times said.

Builders in Westport will pay more than $1 million for a teardown, and $2 million near the water in Westport, according to the New York Times. Another hot spot for builders is in New Canaan, the Times said.